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September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
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Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.

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Western leaders visit Kyiv, pledge military support against Russia on war's 3rd anniversary

February 25, 2025

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Kyiv, Feb 24 (AP) Ukraine on Monday marked the bleakest anniversary yet of its war against the Russia invasion, with the country's forces under severe pressure on the battlefield and US President Donald Trump's administration apparently embracing the Kremlin in a reversal of US policy.

The three-year milestone drew more than a dozen Western leaders to Kyiv for commemorative events in a conspicuous show of support. They warned of the war's wider implications for global security and vowed to keep providing billions of dollars in support for Ukraine as uncertainty deepens over the US commitment to help. Washington did not send any senior official to the occasion.

The fourth year of fighting could be pivotal as Trump uses his return to office to press for a peace deal.

World security is at stake in talks over how the war ends, European Commission President Ursula von der Leyen warned.

“The autocrats around the world are watching very carefully whether there's any impunity if you violate international borders or invade your neighbour, or if there is true deterrence,” she said.

Canadian Prime Minister Justin Trudeau echoed that sentiment. Canadians, he said, “believe deeply that it's not just about Ukraine. It's about the rules and the values and the principles of sovereignty, of independence, territorial integrity that protects every country in the world. All of us rely on those rules to be able to build peace and security." Some observers say Russian success in Ukraine could embolden China's ambitions. Just as Moscow claims that Ukraine is rightfully Russian territory, China claims the self-governing island of Taiwan as its own. North Korea and Iran have also aided Russia's war effort.

In a cascade of unwelcome developments for Kyiv, Trump has in recent days called Ukrainian President Volodymyr Zelenskyy a dictator, suggested Ukraine is to blame for the war and ended Russian President Vladimir Putin's three-year diplomatic isolation by the United States.

US officials have also indicated to Ukraine that its hopes of joining NATO are unlikely to be realised and that it probably won't get back the land that Russia's army occupies, which amounts to nearly 20% of the country.

Meanwhile, Putin's troops are making steady progress on the battlefield while Ukraine is grappling with shortages of troops and weapons.

The guests in Kyiv and the leaders appearing by video had similar messages: Ukraine and its European partners must be consulted in any peace negotiations, Putin's ambitions must be thwarted, and Europe must take on more of the burden for its own defence.

The shift in Washington's policy has set off alarm bells in Europe, where governments fear being sidelined by the US in efforts to secure a peace deal. They are mulling how they might pick up the slack of any cut in US aid for Ukraine. The changes have also placed strain on transatlantic relations.

European Council President Antonio Costa on Sunday announced that he would convene an emergency summit of the 27 EU leaders in Brussels on March 6, with Ukraine at the top of the agenda.

EU foreign ministers on Monday approved a new raft of sanctions against Russia. The measures target Russia's so-called “shadow fleet” of ships that it uses to skirt restrictions on transporting oil and gas, or to carry stolen Ukrainian grain. The EU said 74 vessels were added to its shadow fleet list.

Asset freezes and travel bans were imposed on 83 officials and “entities” — usually government agencies, banks or companies.

Britain, too, imposed new sanctions, targeting 107 businesses and individuals in what it says is its biggest package targeting Russia's war machine since the early days of the conflict in 2022.

The measures take aim at Russia's military supply chains, including companies in several countries — notably China — that Britain says are supplying machine tools, electronics and dual-use goods for Russia's military.

Spanish Prime Minister Pedro Sánchez said his country would provide a 1 billion-euro ($1.04 billion) military systems package to Ukraine this year.

Starmer said Ukrainians' voices “must be at the heart of the drive for peace,” while Trump's intervention had “changed the global conversation” and “created an opportunity.” “Russia does not hold all the cards in this war," he said.

Coming off a victory in Sunday's German elections, conservative leader Friedrich Merz — also a staunch backer of Ukraine — posted on X Monday: “More than ever, we must put Ukraine in a position of strength." “For a fair peace, the country that is under attack must be part of peace negotiations,” he wrote.

On Sunday, Russia launched its biggest single drone attack of the war, pounding Ukraine with 267 drones.

The EU's top diplomat, Kaja Kallas, insisted that the US cannot seal any peace deal to end the war without Ukraine or Europe being involved. She highlighted what she claimed were pro-Russian positions being taken up by the Trump administration.

“You can discuss whatever you want with Putin. But if it comes to Europe or Ukraine, then Ukraine and Europe also have to agree to this deal,” Kallas told reporters in Brussels, where she was leading a meeting of EU foreign ministers.

Kallas is scheduled to travel to Washington on Tuesday for talks with US Secretary of State Marco Rubio.

UN Secretary-General António Guterres said the third anniversary was “a grim milestone.” “More than 12,600 civilians killed, with many more injured. Entire communities reduced to rubble. Hospitals and schools destroyed,” he said in Geneva.

In a win for Ukraine, the United States on Monday failed to get the UN General Assembly to approve its resolution seeking to end the war without mentioning Russian aggression. The US draft resolution was amended by the assembly to add language making clear that Russia invaded its smaller neighbour in violation of the UN Charter.

In other developments, Trump said Putin would accept European peacekeepers in Ukraine as part of a potential deal to end the war.

“Yeah, he will accept it,” Trump told reporters at the White House. “I have asked him that question. Look, if we do this deal, he's not looking for world war.” Russia's foreign ministry said Saturday that preparations for a face-to-face meeting between Trump and Putin were underway, and U.S. officials have said that they agreed with Moscow to reestablish diplomatic ties and restart economic cooperation.

At a virtual meeting with leaders of the Group of Seven economies also held Monday, Zelenskyy said Ukraine and the U.S. are “working productively” on an economic agreement that would help lock them together. Trump attended the meeting.

“And, President Trump, we would really like to hear from you because all our people, all our families, are very worried. Will there be support from America? Will America be the leader of the free world?” Zelenskyy said. (AP) SCY SCY

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